The IKEA effect: When labor leads to love
Dana-Farber/Harvard Cancer Center · Tulane University · +1 more institution
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Abstract
Abstract In four studies in which consumers assembled IKEA boxes, folded origami, and built sets of Legos, we demonstrate and investigate boundary conditions for the IKEA effect—the increase in valuation of self‐made products. Participants saw their amateurish creations as similar in value to experts' creations, and expected others to share their opinions. We show that labor leads to love only when labor results in successful completion of tasks; when participants built and then destroyed their creations, or failed to complete them, the IKEA effect dissipated. Finally, we show that labor increases valuation for both “do‐it‐yourselfers” and novices.
Citation impact
987
total citations
- FWCI
- 21.60
- Percentile
- 100%
- References
- 73
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Authors
3Topics & keywords
Topics
Keywords
- Valuation (finance)
- Value (mathematics)
- Economics
- Microeconomics
- Labour economics
- Psychology
- Social psychology
- Aesthetics
UN Sustainable Development Goals
- Decent work and economic growth
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